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Management Sciences 5307 MCQs [All-Courses]

Management Sciences focuses on the planning, organizing, leading, and controlling of resources to achieve organizational goals.This subject is highly important for competitive exams, academic study, and professional careers in the business and public sectors.

The ‘market-development strategy’ is used to gain market share __________?

A current products in new market

B new products for new markets

C new products in new market

D current product in current market

Review Detailed Answer

Correct Answer: current products in new market

The approving of orders, shipping of goods on time and payment of collection is the part of _________?

A the fulfill management process

B customer acquisition process

C customer relationship management

D corporate goals

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Correct Answer: the fulfill management process

The list of company’s major strategic alliances do not include _________?

A product alliance

B promotional alliance

C pricing collaborations

D financial alliances

Review Detailed Answer

Correct Answer: financial alliances

The analysis of strengths and weaknesses are included in __________?

A external environment

B market environment

C internal environment

D product environment

Review Detailed Answer

Correct Answer: internal environment

When two companies join hands to market new or complementary products, it is best classified as __________?

A product alliance

B logistic alliances

C service alliance

D market collaborations

Review Detailed Answer

Correct Answer: product alliance

The planning of target market and value proposition of firm is the part of ___________?

A tactical marketing plan

B strategic marketing plan

C firm’s financial plan

D market opportunities

Review Detailed Answer

Correct Answer: strategic marketing plan

For the planning of period, the development of specific goals is called __________?

A goal formulation

B goal achievement

C goal hierarchy

D quantitative objective

Review Detailed Answer

Correct Answer: goal formulation

The process of defining customer focuses on selling a product to existing market is called _________?

A target market definition

B strategic market definition

C financial market definition

D business analysis definition

Review Detailed Answer

Correct Answer: target market definition

The assessment of growth opportunities is the part of ____________?

A corporate planning

B tactical planning

C strategic planning

D financial planning

Review Detailed Answer

Correct Answer: corporate planning

When a firm offers logistical services for some other company’s product, it is said to be _________?

A logistic alliance

B production alliances

C raw materials alliance

D employee alliances

Review Detailed Answer

Correct Answer: logistic alliance

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Management Sciences 5307 MCQs [All-Courses]

All Topics 5307

All Topics 5307

The ‘market-development strategy’ is used to gain market share __________?

The approving of orders, shipping of goods on time and payment of collection is the part of _________?

The list of company’s major strategic alliances do not include _________?

The analysis of strengths and weaknesses are included in __________?

When two companies join hands to market new or complementary products, it is best classified as __________?

The planning of target market and value proposition of firm is the part of ___________?

For the planning of period, the development of specific goals is called __________?

The process of defining customer focuses on selling a product to existing market is called _________?

The assessment of growth opportunities is the part of ____________?

When a firm offers logistical services for some other company’s product, it is said to be _________?